Business

5  Points Your LMS Comparison Chart Should Include

As the coronavirus pandemic has forced all physical workplaces to shut down, traditional in-person training has become a thing of the past. Organisations are now shifting to modern eLearning platforms to train and educate their employees. These online training platforms allow organisations to impart training to their remote workforce in a safe, interactive and engaging environment.

As a result, the market is currently flooded with eLearning software and LMS vendors, like Thought Industries, offering a wide variety of eLearning solutions for organisations of all types and sizes.

Now, having so many options might seem beneficial, but for first-time buyers, it can easily turn into a nightmare. If one is not sure about what to look for while surfing through this slew of options, choosing the right LMS is impossible.

So, to save you from this suffering, we have listed below 5 points that you should include in your LMS comparison chart to find out the one that fits you the best.

  1. Use Case

When comparing LMS platforms, the first thing to do is to define your specific LMS use case. Licensing an LMS with advanced features is unnecessary if your organization’s needs are simply onboarding, attendance tracking, or compliance.

However, if you require an LMS for sales training, process training or employee soft skill training, a system with robust analytics and reporting features, or the ability to host webinars and online courses, is a better choice. Keep in mind that in such use cases selecting an LMS with solid mobile-first technology is important. This is because sales training LMS should be able to work flawlessly on multiple devices.

  1. User Experience

The next point of comparison should be the user experience (UX) offered by your shortlisted LMS platforms. The ideal learning management system should be simple to use. Once implemented, the user must be able to access and update it with minimal effort.

In short, your LMS should not force your learners, instructors or administrators to call for technical assistance every now and then. The platform should also be responsive, meaning it should adjust according to the device being used by the learner to access it.

  1. Features

One of the most common mistakes that buyers do while selecting an LMS is going after the most advanced features. Needless to say, this is a very misguided approach. Your choice of LMS should align with the needs of your organisation. It’s pointless to buy a system with all the latest features if your company doesn’t really require them. Thus, instead of investing in the most advanced LMS, you should compare all the available options and strike off the features that add no value to your organisation. Then, evaluate the remaining in the light of your requirements and budget. This will save you from wasting your money on useless features and make the LMS a valuable investment.

  1. Customer Support

This is one of the most overlooked aspects of buying an LMS. First-time buyers are generally so overwhelmed with features, pricing, integrations, etc that they fail to evaluate their options in this key area.

Implementing a new system in your organisation comes with many technical and non-technical hardships. If you do not have the right support team by your side, the whole objective of implementing the LMS can fail. Thus, it is important that you inquire about basic details such as support hours, communication channels, response time, etc from each shortlisted vendor. You should also go through the customer reviews available online regarding the user experience and customer support.

  1. Pricing

Different LMS vendors follow different pricing models. Depending upon your usage requirement each pricing model can return different costs. Thus, it is important to understand the pricing model followed by the shortlisted vendors and compare the cost involved with each option.

Some common pricing models include:

  • Pay per active user
  • Pay per registered user
  • Periodic licensing
  • Perpetual licensing, etc

Conclusion

It’s critical to choose an LMS that aligns with your company’s learning objectives. If you choose the wrong solution, you will be unable to deliver effective training and incur excessive costs. Thus, we hope that you include the above-mentioned points in your LMS comparison chart and make the right choice.

 

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